marimo Regional Revitalization REIT, Inc.

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Property Details

  • MRR Ebetsu1
  • MRR Ebetsu2
  • MRR Ebetsu3
  • MRR Ebetsu4
  • MRR Ebetsu1
  • MRR Ebetsu2
  • MRR Ebetsu3
  • MRR Ebetsu4
Location 1-4, Oama Nanju-cho Ebetsu City, Hokkaido
Acquisition price 510million yen
Appraisal value 572million yen
Appraisal NOI yield 5.3%
Gross floor area 1,291.49㎡
Leasable area 3,905.48㎡
Constructed October 23, 2020

Property descriptions

・The property is a retail facility located in an area with good accessibility, with Sapporo Station approximately 16 minutes by train from the nearest station, JR Omaha Station, and central Sapporo approximately 30 minutes by car via public roads.
・MRR Ebetsu, located northeast of the property, was acquired at the time of the previous public offering. The property is expected to attract stable customers due to the dominant strategy of Tsuruha Drug.
・The property is expected to generate stable income by acquiring the land with leasehold interest of Birthday, a baby goods store adjacent to Tsuruha Drug.

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